Ocean View Avenue is regarded by locals as home to the finest land holdings in Airlie Beach - and this address is among the very best.
In this tightly held street, properties rarely come to market, with many owned by the same families for decades. After holding the property for 28 years, the owners are now bringing this home back to the market.
Situated in the highly coveted "Golden Triangle" of Airlie Beach, the property is just a flat 300-metre stroll to the main street, where cafés, restaurants, marinas, and the lagoon await. The iconic Airlie Beach Boardwalk is literally on your doorstep - one of the very few locations in town where you can step straight from your backyard onto this waterfront walkway.
The elevated 597sqm allotment faces northwest, capturing water views over the bicentennial boardwalk. The land is predominantly flat, with a 24.5 meter street frontage making it ideal for future redevelopment.
Currently, the house is configured into three self-contained units over the two levels, one unit upstairs and two smaller units on the ground floor. All units are occupied by great tenants and generating a combined gross income of approximately $1275 per week, providing a return while you plan a new build, renovation, or future move-in.
For buyers seeking prime real estate with exceptional long-term potential, this is an opportunity not to be missed. Properties in this street don't often come to market, and it could be decades before another chance arises.
Inspections can be organised by private appointment only, with a minimum of two days' notice required due to tenants occupying the home.
Contact exclusive marketing agent Adam Webster at Belle Property Whitsunday for further details.
